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Pranavadity Spg
BSE: 531172NSE: ISIN: INE569D01028

10th-Aug-2020 20:01Source: BSE

Pranavadity Spinning Mills - Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 - Update In The Matter Of Voluntary Retirement Scheme/ Separation Scheme (VRS/SS) Agreement

Further to our earlier intimation of 3rd August, 2020, we wish to inform (a) that the compensation payment due to majority of the workers who have separated has been made by the company as per the terms of Voluntary Retirement Scheme/ Separation Scheme (VRS/SS) Agreement (b) the production in the Company''s factory has stopped.

Kindly treat the above intimation/information as compliance by the Company in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

We request you to kindly take the above on record.

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